Money Magazine’s November issue features a great article with ideas to help parents respond to the question from our kids that many of us fear: “Are we rich?” I was asked for some tips for this piece, so here are a couple ideas to help guide your response to younger children:

• Being “rich” is about feeling grateful, healthy and happy, not just owning things.

• Reaffirm that if your family is struggling financially, that it’s not their fault.

About Susan

A sought-after speaker for financial institutions, state regulatory agencies, trade associations, leadership conferences and schools, she is the creator of the Money Savvy Pig piggy bank-- the centerpiece of the Money Savvy Kids Basic Personal Finance Curriculum.